Page 83 - The Index
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         Specialism/USP Development Finance solutions up to £30m
  Charges 1st
  Funding Multiple funding sources
  FCA Regulated No
  Interest Range Pre-development bridging and development exit loans from 0.75% p.c.m. Development loans from 8.5% p.a.
  Base Rate N/A
  Security Types Residential, commercial, investment, development.
  Unacceptable Security Types Owner occupied property
  Treatment of Interest Rolled for development, Serviced for bridge
  Max LTV 70%
  Max Loan to GDV 75%
  Max Loan to Cost 85%
  Min/Max Loan Term Up to 30 months
  Min/Max Loan Size £3m-£30m
  Geographical Lending Area UK
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Variable
  Commission Rate Negotiable
  Associations
  Upfront fees 1-1.5%; added to the loan
  Early Redemption Charges Negotiable
  Investment Yes
  Owner-occupied No
  Interest-only Options N/A
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